ARGO Group Limited Director Dealings (7393F)
March 23 2022 - 3:45AM
UK Regulatory
TIDMARGO
RNS Number : 7393F
ARGO Group Limited
23 March 2022
Argo Group Limited
("Argo" or the "Company")
Director Dealings
Argo Group Limited announces that it was informed on 21 March
2022 that Andreas Rialas had purchased 2,941,805 Ordinary Shares at
a price of 18.75 pence per Ordinary Share. Following this
transaction Mr Rialas's shareholding (direct and indirect) is
18,969,950 Ordinary Shares, representing 48.7% of the Company's
issued share capital.
The notification set out below, provides further details of the
dealing:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Names Andreas Rialas
-------------------------------------- -------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------
a) Position/status Chief Investment Officer
-------------------------------------- -------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a) Name Argo Group Limited
-------------------------------------- -------------------------------------------
b) LEI 2138006AZQPG1K8GHO83
-------------------------------------- -------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------------------
a) Description of Ordinary Shares of $0.01 each in Argo
the financial Group Limited
instrument, type
of instrument
Identification IM00B2RDSS92
code
b) Nature of the Purchase of Ordinary Shares
transaction
-------------------------------------- -------------------------------------------
c) Price(s) and volume(s)
------------------- -------------------
Price(s) Volume(s)
------------------- -------------------
18.75p 2,941,805
------------------- -------------------
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 23 March 2022
-------------------------------------- -------------------------------------------
f) Place of the transaction XLON
-------------------------------------- -------------------------------------------
Argo Group Limited +44 20 7016 7660
Jeremy Bradshaw
Panmure Gordon (UK) Limited +44 20 7886 2954
Dominic Morley
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END
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